DW-WORLD: Euro Leaders Take Steps to Avert Ongoing Credit Crisis The leaders of the 15 euro-zone nations said their governments would guarantee interbank loans to increase lending.
Germany, France and other nations also said they would announce details of national rescue plans soon. (12.10.2008) DW-WORLD: World Leaders Vow Decisive Action to Quell Global Financial Crisis Members of the IMF US secure narrow lead over Europe ...
Merkel on first official visit to Algeria ... have backed a promise by the world's seven leading economies to do all they can to curb the raging global market turmoil as euro-zone countries meet Sunday to announce new rescue plans for banks. (12.10.2008) DW-WORLD: France, Germany Agree to Unite Europe in Face of Credit Crisis German Chancellor Merkel and French President Sarkozy discussed the option of partially nationalizing European banks ahead of a meeting of euro zone leaders. Berlin is also reportedly set to present its own rescue deal. (11.10.2008)
(Deutsche Welle)
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